LSEG Launches New FTSE Russell Brand

The launch of FTSE Russell is “an important milestone in the
integration of FTSE and Russell Indexes,” the firms note. The announcement
follows the 2014 acquisition
of the Russell Investment businesses by the London Stock Exchange
Group (LSEG).

The initial deal was valued at $2.7 billion and took an important
turn in February 2015, when LSEG said it reached a decision to sell the investment management
portion of Russell Investments, while keeping Russell’s lucrative
indexing business, which has now been folded into the FTSE Russell brand.

One retirement industry expert at the time told PLANADVISER the shift
in ownership of the Russell indexes presents a good opportunity for retirement
plan fiduciaries and investors to think a little deeper about how their
portfolios are built and measured. Turning to today’s news, LSEG says FTSE
Russell “will now operate as one joint global index business, with a combined
sales and product team serving its global customer base.”

Mark Makepeace, group director of information services for
LSEG, says the firms “continue to make great progress across the business to
bring together our collective capabilities to serve clients globally, offering
even greater access to our broad range of multi-asset index solutions.”

FTSE Russell becomes a global index brand that provides
benchmarking, analytics and data solutions for investors worldwide. FTSE
Russell calculates thousands of indices that measure and benchmark markets and
asset classes in more than 80 countries and 25 exchanges worldwide.